Tag: M and A

UPDATE 1-Audi launches electric SUV in Tesla’s backyard, with assist from Amazon

SAN FRANCISCO (Reuters) – German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.O), and highlighted a deal with Amazon.com Inc (AMZN.O) to make recharging its forthcoming e-tron models easier. The Audi e-tron midsize SUV will be offered… Continue reading UPDATE 1-Audi launches electric SUV in Tesla’s backyard, with assist from Amazon

A unique way to better discover the comfort and relaxation of electric driving

Tuesday 18 September 2018 by Marion Trumier – Innovation Marion Trumier Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest We know how much driving can, in certain situations, be a source of stress: traffic congestion, noise, etc. To overcome these problems and guarantee the absolute best driving pleasure, Renault strives to… Continue reading A unique way to better discover the comfort and relaxation of electric driving

Audi partners with Amazon and Electrify America to help kickstart its EV ecosystem

Audi is partnering with e-commerce giant Amazon and VW Group unit Electrify America as the automaker prepares to deliver its first all-electric SUV to U.S. dealerships next year. The Audi e-tron, which was unveiled Monday night in San Francisco, kicks off the German automaker’s electric vehicle ambitions. The e-tron is the first of three battery-electric… Continue reading Audi partners with Amazon and Electrify America to help kickstart its EV ecosystem

UPDATE 2-Uber in talks to buy Dubai ride-hailing rival Careem -Bbg

(Reuters) – Ride-hailing company Uber Technologies Inc [UBER.UL] is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter. Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay No final decisions have been… Continue reading UPDATE 2-Uber in talks to buy Dubai ride-hailing rival Careem -Bbg

Uber Is Said in Talks to Acquire Dubai Ride Hailing Firm Careem

Terms of Service Violation Your usage has been flagged as a violation of our terms of service. For inquiries related to this message please contact support. For sales inquiries, please visit http://www.bloomberg.com/professional/request-demo If you believe this to be in error, please confirm below that you are not a robot by clicking “I’m not a robot”… Continue reading Uber Is Said in Talks to Acquire Dubai Ride Hailing Firm Careem

Volkswagen Group expands its activities for Intelligent Transport Systems (ITS)

The Volkswagen Group is presenting its activities in the intelligent transport of people and goods at the 25th ITS World Congress in Copenhagen (17 – 21 September 2018). As a member of ERTICO – ITS Europe, a network of more than 100 partners, the Group and its brands are partnering actively with cities to implement… Continue reading Volkswagen Group expands its activities for Intelligent Transport Systems (ITS)

Volkswagen is pushing forward preparations for potential IPO of TRATON GROUP

Volkswagen is pushing forward preparations for a potential Initial Public Offering (IPO) of TRATON GROUP. Further steps to this end were decided by the Volkswagen AG Supervisory Board in today’s meeting. TRATON GROUP will now strengthen the team preparing a potential IPO with external experts. For this purpose, investment banks and legal advisors will be… Continue reading Volkswagen is pushing forward preparations for potential IPO of TRATON GROUP

Statement on FAZ Regarding Daimler AG: No intention to increase stake

“ Zhejiang Geely Holding Group (Geely Holding) has noted media speculation in Frankfurter Allgemeine Zeitung (FAZ) concerning its alleged interest in increasing its strategic investment in Daimler AG. To avoid unnecessary speculation, Geely Holding has today issued the following statement: Zhejiang Geely Holding Group (Geely Holding) has noted the speculative media report carried by Frankfurter… Continue reading Statement on FAZ Regarding Daimler AG: No intention to increase stake